Bitcoin Traders Abandon Exchange Amid CFTC Probe

Bitcoin traders yanked a staggering $525 million off BitMEX in July amid rumors of a CFTC probe and competition from Binance. | Source: CNBC/YouTube (i), Shutterstock (ii). Image Edited by CCN. July wasn’t exactly a banner month for crypto investors, but it turns out it was even worse for one of the world’s largest bitcoin trading platforms: BitMEX. BitMEX Just Had Its Worst Month Ever by One Key Metric Data curated by TokenAnalyst reveals that BitMEX, a cryptocurrency exchange that offers up to 100x leverage, suffered nearly $525 million in…

Bitcoin to Crack $15,000 This Week amid Waning Trust in Fiat: Max Keiser

Max Keiser believes that the bitcoin price could rally around 40% this week thanks to weak confidence in central banks and fiat currencies. | Source: Shutterstock Bitcoin bull Max Keiser already has a six-figure price target for the flagship cryptocurrency. He believes that the digital asset will eventually replace gold as a safe-haven investment and beat the returns of all asset classes. If that claim doesn’t seem ambitious to you, then his latest tweet definitely will. Bitcoin is currently trading at just under $10,700, and the Keiser Report host predicts…

Bitcoin (BTC) Price Weekly Forecast: Can Bulls Aim $11.5K?

There was a decent rise in bitcoin price above the $10,500 resistance level against the US Dollar. The price climbed higher and even broke the key $10,650 and $10,800 resistance levels. There is a major ascending channel forming with support at $10,700 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is climbing higher and it could continue to rise above the $11,000 resistance area. Bitcoin price is gaining momentum above $10,500 against the US Dollar. BTC price is likely to extend gains above the…